One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Establishing a company in Jebel Ali – Investing in Dubai

٠٥ يناير Establishing a company in Jebel Ali – Investing in Dubai

Establishing a company in Jebel Ali is an important strategic step for companies seeking to benefit from the competitive advantages and encouraging economic environment available in this free zone. In cooperation with Etqan Company, investors can benefit from the expertise and specialized support in the process Establishing a company in Jebel Ali And facilitate administrative procedures.

By cooperating with Etqan, investors can obtain the necessary advice and guidance to choose the appropriate type of company and determine the necessary steps to establish it successfully. Etqan also provides support in completing the required documents and facilitating communication with the relevant authorities, which helps reduce administrative procedures and speed up the process. Establishment in Jebel Ali area.

In addition, Etqan can provide consulting and financial services to ensure the sustainability and future growth of the company. Thanks to Etqan’s experience and expertise, investors can trust in establishing their company in Jebel Ali with confidence and peace of mind.

Establishing a company in Jebel Ali Free Zone

Establishing a company in Jebel Ali Free Zone

Why start your business and establish a company in Jebel Ali?

Whatever your budget and financial ability, you can start a business, trade or provide services in the UAE due to the different living conditions and requirements, expenses and costs of establishing companies between each emirate and the types of companies available. It is noticeable in the UAE, especially Dubai, the high population density and the constant flow of people, whether they are capitalists, investors or skilled workers, which led to many needs for different projects and increased demand for products and services, so it is the best place to start your business or industry or provide your services where users and the public are present. The Dubai government supports entrepreneurs and investors and facilitates all services and needs to start a business or activity in Dubai.

Steps to establish a company in Jebel Ali Free Zone

Jebel Ali area in Dubai It is considered one of the most developed industrial areas in the UAE, and provides an ideal environment for establishing and operating companies. If you are thinking of establishing a company in this area, here are the basic steps to follow:

  • Research and planning: Before starting anything, conduct extensive research on the business market in the Jebel Ali area, analyze the potential opportunities and challenges. Then, decide what type of company you want to establish and develop a detailed business plan.
  • Select company type: Determine the appropriate legal structure for your company, whether it is a sole proprietorship, limited liability company, or commercial company, based on the type of activity and operational needs.
  • Get the permit: Obtain the necessary permits and licenses to establish your company in Jebel Ali. This may include permission from the local authorities and relevant government agencies.
  • Establishment of the company: Follow the necessary legal procedures to establish the company, including determining the company name, signing the necessary agreements, and issuing the certificate of incorporation.
  • Open bank account: Open a bank account in the company’s name to manage the company’s money transfers and financial transactions.
  • Work visas: Make sure to arrange the necessary work visas for the foreign employees you will hire.
  • Getting started: After completing all legal and administrative procedures, you can start doing business in Jebel Ali.

Types of companies that can be established in Jebel Ali area

maybe Company formation in Jebel Ali A variety of companies to suit the needs of different businesses and investors. Here are some of the types of companies that can be established in this area:

  1. A limited liability company: The limited liability company is the most common form of business worldwide, where shareholders are only liable to the extent of their investment in the company.
  2. Sole Proprietorship: It is managed and owned by only one person, and that person is personally liable for all debts and financial obligations of the company.
  3. Branch of a foreign company: Foreign companies can establish branches in Jebel Ali to represent them and carry out their business activities in the area.
  4. Public joint stock company: This company allows the public to buy its shares in the financial market, and the shareholders are liable in proportion to their contribution to the capital.
  5. investment company: It focuses on investing its money in financial assets such as stocks, bonds and real estate, and achieves returns from profits and appreciation in the value of assets.
  6. A limited liability company: It is a company in which shareholders are divided into partners, and their liability is limited to the value of their contributions only.

Documents required to establish a company in Jebel Ali

Required documents vary. To establish a company in Jebel Ali area Depending on the type of company and the specific working arrangements. However, here is a general list of documents that may generally be required:

  1. Application form: It includes basic information about the proposed company such as the company name and type of business.
  2. a copy of the passport: To all shareholders, directors and officers of the company.
  3. Personal Photos: To all shareholders, directors and officers.
  4. workplan: It outlines the company’s plans for future business and financial strategy.
  5. Partners Contract: If there are partners, this contract sets out the agreements and responsibilities between the partners.
  6. Commercial registration certificate: If the company intends to use a particular trade name.
  7. Financial report: In some cases, you may be required to provide evidence of the company’s financial capacity.
  8. Power of attorney form: In the event that a legal representative or agent is appointed for the company.
  9. lease: A copy of the lease for the office or commercial space that the company will use.
  10. Additional government approvals: There may be special requirements for some businesses or sectors.

Free Zones in Dubai

  • Dubai South: Dubai South project, which extends over a huge area of ​​approximately 145 square kilometers. The Dubai South economic zone supports all types of businesses and industries, in addition to including Al Maktoum International Airport, which is expected to be the largest airport in the world once construction is completed. Dubai South also hosts the land on which Expo 2020 will be held.
  • Jebel Ali Free Zone: One of the largest free zones in the world, it allows foreigners to own 100% of their own company with no corporate tax or customs duties on imported raw materials and equipment, with only taxes imposed on exports and imports.
  • Dubai Airport Free Zone: Dubai Airport Zone was established in 1996 to become the most distinguished free zone in Dubai and attract international companies, where industries vary between cars, navigation, beauty and fashion in addition to consumer goods and information and communications technology.
  • Dubai Internet city: Dubai Internet City is the largest technology district and infrastructure in the Middle East, established within a free zone to support the business of global and regional telecommunications and information companies.
  • Dubai Media City: Dubai Media City is the largest media and business hub in North Africa and the Middle East, and currently hosts more than 1,500 headquarters for the largest global and regional media companies.
  • Dubai Studio City: Dubai Studio City, which covers 22 million square feet, provides a business environment that meets the diverse needs of talent. The city was established to support and develop broadcasting, television, film and music production companies in the Middle East, and currently hosts 288 studios, including MBC and FilmWorks.
  • Dubai International Financial Centre: The Dubai International Financial Centre, which is one of the free zones in Dubai, aims to support and launch the potential and activities of the financial services sector in the emirate. This centre also includes more than 750 international companies, and has become a huge complex for the largest global financial services companies.
  • Dubai World Trade Centre: Dubai World Trade Centre was opened in 1979 as one of the free zones in Dubai that played a significant role in supporting the growth and development of global trade in the Middle East, aiming to enhance the position of Dubai World Trade Centre to be a flexible base for various global companies to support their development and growth in all continents of the world.
  • Dubai Healthcare City: Dubai Healthcare City is home to over 80 hospitals and clinics that operate to international standards. These facilities include Moorfields Eye Hospital, City Hospital, Dr. Hamed Medical Centre, Dubai Fertility and Gynaecology Centre, Dr. Sulaiman Al Habib Medical Centre, Magrabi Eye Centre, Al Jalila Hospital and the German Heart Centre.
  • Dubai Multi Commodities Centre: This center is a government initiative developed to create a commodities market in Dubai, so that the Dubai Multi Commodities Center will form an infrastructure for markets specialized in industry, gold and precious metals such as gemstones, diamonds and other commodity sectors, and provide them with full facilities that facilitate their work mechanism. It also sought to expand the scope of its activity to include more than commodity companies to extend to service companies and offices representing foreign companies.
  • Gold and Diamond Complex: This center, as one of the free zones in Dubai, has gained wide fame since its establishment in 2011, and the reason for that is that it is not only a store that sells jewelry to customers, but it also provides an opportunity for office owners to rent their properties to merchants located in this place.
  • Dubai Production City: Dubai Production City, established in 2003, houses around 170 companies in various production sectors, including publishing, printing and packaging, and provides them with a fully-serviced business environment equipped with the latest and best facilities that meet their needs.
  • Dubai Design: Dubai Design District is aptly named, developed specifically for creatives in the emirate’s fashion, design and luxury industries.

Free Zones in Dubai

Free Zones in Dubai

Advantages of Free Zones in Dubai

Availability Free Zones in Dubai A set of competitive advantages that make it a preferred destination for companies and businessmen. Here are some of these advantages:

  • Tax exemptions: Dubai’s free zones offer attractive tax breaks, with companies exempt from taxes on profits for up to 50 years, helping to achieve significant savings on tax costs.
  • Customs facilities: Free zones offer customs facilities, allowing import and export without imposing customs duties on goods, which facilitates supply and distribution operations and reduces logistics costs.
  • Facilitation of licenses and permits: Dubai’s free zones offer quick and simple procedures for obtaining the necessary licenses and permits to start a business, which helps speed up the process of establishing and launching in the market.
  • Facilitation of administrative procedures: Free zones offer a sophisticated administrative structure, including logistical support services, banking facilities and fast registration, which facilitates the management of companies and reduces bureaucracy.
  • Advanced infrastructure: Dubai’s free zones feature advanced infrastructure, including modern logistics, transportation and communications facilities, providing an ideal environment for companies to grow their businesses and achieve growth.
  • Access to regional and global markets: Dubai offers a unique strategic location as a global business hub, allowing companies in free zones to easily access regional and global markets, enhancing opportunities for international trade and global expansion.

in conclusion, Establishing a company in Jebel Ali area It represents an important strategic step towards building a successful and stable business in a developed and encouraging business environment. Thanks to the unique competitive advantages offered by this free zone, companies can benefit from tax exemptions, customs facilities, and simplified administrative procedures to start businesses.

In addition, working with a specialized company such as Itqan can help speed up and simplify the process. Company formation in Jebel Ali Providing the necessary support and advice throughout all stages of the process. With the right strategy and good planning, companies can achieve success and prosperity in the Jebel Ali area.

Top Frequently Asked Questions About Company Formation in Jebel Ali

What are the main advantages of setting up a company in Jebel Ali?

Key benefits include tax exemptions, customs facilities, simplified administrative procedures, and access to the regional and global labour market.

What documents are required to establish a company in Jebel Ali?

Common documents include passports, passport photos, application forms, partners’ contracts (if the company includes partners), and more.

What are the main steps to set up a company in Jebel Ali?

The main steps include selecting the company type, submitting the application, submitting the required documents, paying the fees, waiting for approval, and completing the final procedures.

How long does it take to set up a company in Jebel Ali?

The time it takes to set up a company can vary depending on the type of company and the complexities of the legal procedures, but in general, this work can take several weeks.

What are the expected costs of setting up a company in Jebel Ali?

Costs vary depending on the type of company and size of business, and include licensing costs, government fees, and legal and financial consulting costs if required.